Moody Corporation uses a job-order costing system with a plantwide predetermined overhead rate based on...
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Accounting
Moody Corporation uses a job-order costing system with a plantwide predetermined overhead rate based on machine-hours. At the beginning of the year, the company made the following estinates. Required: 1. Compute the plantwide predeternined ovethead rate 2 Duang the year, Job 400 was started and completed. The followng information was avallable with respect to this job Compute the total marvilacturing cost assigned to Job 400 3. If Job 400 indudes 50 uniss, what is the unit product cost for this job? 4. It Moody uses o markup percentage of 1200 of its total monufacturang cost, then what seling price per unit would it have established for Job 400? Complete this question by entering your answers in the tabs below. Compure the plantwide predetermined overhead rate. (Round your anwer to 2 docimal placane) Compute the total manufacturing cost assigned to Job 400 . If Job 400 includes 50 units, what is the unit product cost for this job? 4. If Moody uses a markup percentage of 120% of its total manufacturing cost, then what selling price per unit would it have established for Job 400 ? Complete this question by entering your answers in the tabs below. Compute the total manufacturing cost assigned to Job 400 . (Round "predetermined overhead rate" to 2 decimal places. Round other calculations and final answer to the nearest whole dollar.) Complete this question by entering your answers in the tabs below, If Job 400 includes 50 units, what is the unit product cost for this job? (Round your intermediate calculations to the nearest whole number and final answer to 2 decimal places.) Complete this question by entering your answers in the tabs below. If Moody uses a markup percentage of 120% of its total manufacturing cost, then what selling price per unit would it have established for Job 400 ? (Round your intermediate calculations to the nearest whole number and final answer to 2 decimal places.)




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